Ideas for Profit | Titan: The poster boy of discretionary consumption

Consulting firm McKinsey said discretionary spending may fall by close to 40-50 percent as people save more for future uncertainties and spend on necessities only

Amid the large scale economic disruption caused by the spread of novel coronavirus, or COVID-19, India is experiencing a never seen before lockdown. Consulting firm McKinsey said discretionary spending may fall by close to 40-50 percent as people save more for future uncertainties and spend on necessities only.

However, there is one such company which is the poster-boy of discretionary consumption and warrants investor attention. Watch this episode of Ideas for Profit with Moneycontrol's Sakshi Batra to find out more.